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Regulatory remediation plans

Our project management professionals ensure targeted, effective and efficient remediation.

Response to regulatory criticisms often involves multi-year programs that cut across several business and support areas. At Holley Holland we know that remediation programme management must be focused on the ‘ask’ from regulators and auditors:

  • Clearly documented and specific – Remediation plans must address the specific regulatory gap or audit finding. Plans must be well designed, fit for purpose and tailored to the right scope in order to be credible and acceptable to regulators and auditors.
  • Monitored and tracked to resolution – Business transformation projects and new operating models need to be sufficiently documented to demonstrate that open issues are closed effectively. Evidence must be captured with an appropriate narrative to ensure validation and acceptance by auditors and regulators.
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Risk management maturity model

Our maturity model and benchmarking can provide meaningful insights to improve your risk management processes.

Effective risk management requires an approach relevant to your organisation’s size, product mix and regulatory environment. These, and other factors, drive the structure and direction of your risk activities.

  • Holley Holland uses a unique blend of talent, process and technology to benchmark the evolution of your dedicated risk function for best performance in your specific environment.
  • Risk is not a vacuum – Many of your teams have a vital role to play in effective risk management. Holley Holland can develop effective lines of communication and guide interaction to optimise key stakeholders’ risk-based decision making and execution.
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Enterprise and operational risk assessments

Our risk assessments cover inherent risk, mitigation, controls and residual risk determinations.

Assessing risk is easier said than done. Calibrating inherent risk, mitigation effectiveness and residual risk levels are challenges that we can help overcome. Tolerance and appetite can be confused – we provide clarity to help drive better risk-based decision making.

  • Operational risk assessments are often contained in Risk Control Self Assessments. We can help customise the process, risk and control taxonomies to provide more insightful and meaningful RCSAs, specific to your organisation.
  • Enterprise risk assessments go beyond the operational and include financial risks, such as credit, market and liquidity. In addition, strategic and reputational risks must be considered. Creating an aggregate assessment of a broad range of risks, relating to your appetite and tolerance is critical to enhanced risk management and business decision making.
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Evidence based control assessments

Our seasoned risk professionals can design and document a robust control environment.

Assessing the effectiveness of controls has always been challenging. Creating a body of evidence to support the assertions of control effectiveness is becoming a critical mandate to meet audit and regulatory concerns. Evidence capture must be specific – not only to design and operation of the control – but also targeted to the risks addressed by these controls.

  • Design effectiveness – Controls and other management actions must be designed to effectively mitigate specific risks. The design of these controls must be comprehensively documented in sufficient detail to show the intended purpose and operations.
  • Operating effectiveness – To document the effective operation of these controls, evidence must be captured with an appropriate narrative to show that the control is working as designed and is effectively mitigating risk.
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Risk & Regulatory Practice

Driving process improvement and managing regulatory exposure

Enabling our clients to execute critical projects and initiatives.

Financial institution challenges:

Urgent remediation requirements

Significant emerging risks

Business / operational / financial impact optimisation

Risk themes across several business units

Complex products and technology

Independent risk assessment requirements

Overwhelming amount of risk data

Evolving risk profiles and appetites

Lack of experienced resources

Why us?

Our consultants have industry practitioner experience across a broad spectrum of risk and regulatory themes. This real-world knowledge allows us to understand the challenges and pressures faced by organisations like yours every day. We provide the advice and tools required to improve risk management and regulatory challenges and to meet tactical and strategic needs. Transforming and streamlining business processes for today and the future.

Risk and regulatory domains

Expert Holley Holland consultants can help in the following areas:

Operational risk

Risk and control self-assessments

Evidence-based control testing

Classification taxonomies

Enterprise risk
management

Inherent risk assessments

Residual risk determination

Risk return decision making

Regulatory

remediation

Data governance and reporting

Compliance programmes

Issue remediation

Risk management and regulatory

Remediation trends:

Risk regulatory practice solutions

We advise on various operational risk assessments:

Risk governance framework

Our risk governance framework is holistic:

Our practice solutions

Regulatory remediation plans

Our project management professionals ensure targeted, effective and efficient remediation...

Risk management maturity model

Our maturity model and benchmarking can provide meaningful insights to improve your risk management processes...

Plus icon.

Enterprise and operational risk assessments

Our risk assessments cover inherent risk, mitigation, controls and residual risk determinations...

Plus icon.

Evidenced based control assessments

Our seasoned risk professionals can design and document a robust control environment...

Plus icon.
Transforming and streamlining business processes for today and the future.
Testimonal – Chief Technical Officer

“You are a new and refreshing breed of consultant You clearly understand us, understand our business and challenges, are not afraid to challenge what we say, focus on outcomes and have a team that know what they’re doing.”

Top 3 global custodian bank
Testimonal – Principal, Enterprise Data Management

“We love working with your team. They are like-minded individuals – you all know what to do, do it well and help us develop our own internal skills.”

Top 3 global custodian bank
Testimonal – Director, Enterprise Data Management

“We had to achieve the impossible this year. We did not think it was possible and were not 100% convinced you could deliver. But we were very pleasantly surprised at the pace and quality of your delivery.  We made our deadlines.”

Top 3 global custodian bank
Testimonal – Enterprise CDO

“You have mapped our complete function – pinpointed our strengths and weaknesses and helped us to develop a plan for strengthening each function.”

Leading global data exchange
Testimonal – Chief Risk Officer

“You achieved in 10 weeks a delivery for our data compliance on a new platform that took us two years to build before.”

US start-up bank
Testimonal – Chief Technical Officer

“We have been running an analytics platform for our bank across many geographies but you bought full transparency, showing us for the first time that we are only using our mainframe estate in one country when we thought it was across four countries. This gave us a great opportunity for cost reduction.”

Large, global Scandinavian bank
Testimonal – Chief Data Officer

“You have the ability to join the dots across an organisation – bringing together technology, business, risk and data governance / data management functions, so we truly understand our global challenges in a connected way.”

Top 3 global custodian bank
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